| NKLA latest price $7.4850 (-5.67%) ($7.4650 - $7.4850) on Fri. Mar. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.79% (three month average) |
RSI | 48 |
Latest Price | $7.4850(-5.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 2.3% a day on average for past five trading days. |
Weekly Trend | NKLA declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(74%) ACES(72%) IBUY(72%) IPO(72%) ONLN(70%) |
Factors Impacting NKLA price | NKLA will decline at least -2.895% in a week (0% probabilities). VIXM(-47%) VXX(-37%) UUP(-28%) UNG(-5%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.895% (StdDev 5.79%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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